The beef must be derived from animals aged under 30 months. Key factors driving the growth of the edible meat market in Saudi Arabia are the increase in tourism, robust economic growth, changing consumer trends, and advanced technologies. What are the leading importers of beef (cattle meat) from Saudi Arabia? The United States exported over $31 million of U.S. beef and beef products in 2011, prior to the ban. How to prepare your business for global expansion. The report offers a detailed analysis of changing market trends, market size & estimations, top investment pockets, key segments, and business performance. The export price peaked at $X per tonne in 2018, and then dropped slightly in the following year. Argentina, India, Australia, Mexico, Pakistan, Russia, France, Canada and Germany lagged somewhat behind, together accounting for a further 24%. Over the period under review, average import prices reached the peak figure at $X per tonne in 2015; afterwards, it flattened through to 2019. allElems.splice(random, 1); $(this).replaceWith($(shuffled[i])); The enhanced agreement will see the range of beef exported from Ireland to Saudi Arabia extended to processed, cooked, minced and bone-in beef products. It was followed by India, with a X% share. In general, U.S. agricultural and food exports to Saudi Arabia enjoy market access with a few exceptions, including stringent requirements for poultry and meat exports. Overall, imports saw a relatively flat trend pattern. It was followed by India, with a 12% share. 9. Gulf Cooperation Council (GCC) includes Kuwait, Bahrain, Qatar, Oman, United Arab Emirates, and Saudi Arabia. jQuery(function($){ RIYADH, Saudi Arabia, February 17, 2009 – Canadian beef exporters will have access to the lucrative Saudi Arabian market for the first time since 2003. In value terms, beef production reduced to $X in 2019 estimated in export prices. items: 1, This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors. Australia became the second largest source of imported beef in Saudi Arabia last year, behind India. Explore detailed information about the exports and imports of Beef for Saudi Arabia. By clicking "Register", you agree to our Terms of Service and Privacy Policy. Overview of Global Beef Market. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2015 indices. View overview page for Beef in Saudi Arabia chevron_right. There were significant differences in the average prices for the major export markets. While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. randEl = $(allElems[random]).clone(true)[0]; var allElems = this.get(), The US is the second major beef producing nation to be granted access to the Saudi beef market after a BSE-related ban, following the return of Brazilian beef to Saudi Arabia in early 2016. nav: true, Key recent trends on the beef meat market in Saudi Arabia 6.6. By clicking "Send", you agree to our Terms of Service and Privacy Policy. Saudi Arabia’s red meat market is flourishing and provides various opportunities for potential market entrants because of the heavy meat consumption by the heavily concentrated Muslim population in the region. It provides a detailed analysis of the market, its dynamics, structure, characteristics, main players, growth and demand drivers, etc. Interested in getting actionable insights?Add Extra Chapters, Unlimited Annual Subscription (View All Reports Online). return randEl; While box office returns in 2020 will suffer an estimated 80% global drop due to COVID-19, the Kingdom of Saudi Arabia is bucking this downward … Over the period under review, this number attained the maximum level at X heads in 2013; however, from 2014 to 2019, producing animals stood at a somewhat lower figure. Beef or beef products were hygienically handled, stored, and transported while under FSIScontrol. slideSpeed: 500, Saudi Arabia has lifted a 15-year ban on French beef, opening a market closed due to BSE and offering potential to an industry hurt by low prices and the Russian embargo. While the Saudi Arabian business will expand the U.S. beef industry’s current export market portfolio, it’s still a very small piece of the pie. How to make your supply chain more sustainable, 6. Most promising products/markets (by end use) }); }); This report presents a comprehensive overview of the beef meat market in Saudi Arabia and a forecast for its development in the next five years. })(jQuery); In CY 1998, Saudi imports of beef and veal totaled 67,990 MT, with Ireland dominating the market. autoHeight: true Middle-East Beef and Poultry Meat Market. Also, factors that are driving and restraining the frozen meat market ... Read More. Reopening Saudi Arabia’s market will create additional export opportunities for American ranchers. In value terms, the United Arab Emirates ($X) remains the key foreign market for beef exports from Saudi Arabia, comprising X% of total exports. Cooked Meats - Packaged (Meat) Market in Saudi Arabia - Outlook to 2023: Market Size, Growth and Forecast Analytics is a broad level market review of Cooked Meats - Packaged market in Saudi Arabia. MOST PROMISING SUPPLYING COUNTRIES, CHAPTER 6. The ... Overview of Global Beef Market. We'll occasionally send you account related emails. Saudi Arabia is the 41st most populous country in the world with 31.5 million people, 83.2% of which live in urban areas. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). Over the period under review, exports reached the maximum at $X in 2018, and then declined rapidly in the following year. In value terms, beef exports dropped sharply to $X in 2019. We'll occasionally send you account related emails. autoplay: true, Wednesday, January 13th, 2021 @ 10:00 am ET. You must have JavaScript enabled in your browser to utilize the functionality of this website. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Saudi Arabia has lifted a 15-year ban on French beef, opening a market closed due to BSE and offering potential to an industry hurt by low prices and the Russian embargo. MOST PROMISING OVERSEAS MARKETS, Free Data: Beef (Cattle Meat) - Saudi Arabia, This Chapter is Available Only for the Professional Edition. Explore detailed information about the global Beef markets. In 2018, Brazilian agribusiness exports to Saudi Arabia totaled $1.7 billion, the statement said referring to foodstuffs like fresh chicken, sugar, beef, corn and coffee, among others. $(function () { return Math.floor(Math.random() * max); }); What is the average export price for beef (cattle meat) in Saudi Arabia? Goldstein Market Intelligence recent analysis, Saudi Arabia Red Meat Industry Outlook, 2020, finds that Meat consumption denotes the diet, living standards, livestock production, and macroeconomic uncertainty and shocks to GDP. RIYADH: Saudi Arabia will announce a new set of initiatives to organize and improve the labour market, a spokesperson for the Ministry of Human Resources and Social Development said on Tuesday. Men make up 56.5% of the population while women account for 43.5%. The United States exported only 1,008 MT of beef and veal to the Kingdom in … The pace of growth was the most pronounced in 2009 when the number of producing animals increased by X% against the previous year. }); The main consuming markets for … Saudi Arabia consumers will now have the opportunity to enjoy high quality American beef.” return $(shuffled); Two- thirds of this amount is imported; the balance produced in Kingdom. Access new updated reports and statistics for the Meat Industry in Saudi Arabia. Australia became the second largest source of imported beef in Saudi Arabia last year, behind India. There were significant differences in the average prices amongst the major supplying countries. In general, production posted prominent growth. Rank. You can discover details including export/import trends, prices, top partner countries, products, and suppliers. You will receive a PDF copy of the report by email within 24 hours (Mon - Fri). We'll occasionally send you account related emails. ... Saudi Arabia seems to be one of the countries that accept exports of Pigmeat from Ireland on the basis of the general export health certificate. What are the largest producers of beef (cattle meat) in the world? Pigmeat. South Korea resumes beef imports from Uruguay and Saudi Arabia opens market to live cattle from Pará state. Saudi Beef Market Growing SAUDI ARABIA - The Saudi Arabian beef market grew by 9.2 per cent at a compound annual growth rate between 2008-2013 to around 150,000 tonnes, according to Michael Hussey from the Dubai Office of Bord Bia, the Irish Food Board.... 07 June 2012. Saudi Arabia Meat & Poultry Reports: Our 2020 Saudi Arabia report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Meat & Poultry market… return randEl; Brazil (X tonnes), India (X tonnes) and Australia (X tonnes) were the main suppliers of beef imports to Saudi Arabia, together comprising X% of total imports. (212) 419-8286 The second position in the ranking was occupied by Bahrain ($2.3M), with a 15% share of total exports. var random = getRandom(allElems.length), Saudi Arabia: Equine Animals Meat Industry, “Accurate and reliable data and very knowledgeable team.”, Helen J., Marketing Manager, UK office, European Construction Materials Company, “The report was full of important details and still very easy to read and follow.”, Chris T., Project Manager, US office Global Consulting Company, “Great content – very informative with lots of quantitative data – just what we needed.”, John S., Product Manager, US office Global Electronics Company, Competitive Landscape Analysis and Evaluation, Product Development and Launch Strategies. BBeef european beef. }); Saudi Arabia Red Meat Market Outlook 2017-2030 with size, share, other stats and dynamics such as emerging trends, market opportunity, drivers & challenges to market growth have been included in the latest report published by Goldstein Market Intelligence. return Math.floor(Math.random() * max); (function($){ Notice to the Market. The United States exported over $31 million of US beef and beef products in 2011, prior to the ban. Explore detailed information about the global Beef markets. This is the most detailed and comprehensive report about the beef meat market in Saudi Arabia currently available! }, Get the latest trends and understand the impact of the crisis on the market. The growth of the Saudi Arabia pet food market size is being aided by the cat and dog food industry in the country, which reached a value of about USD 34 million in 2019. Another boost for Ukraine as Saudi Arabia opens market to beef :: IEG Policy The re-opening of the Saudi market was announced during a visit on October 14 by prime minister Manuel Valls, Reuters reported. Making Data-Driven Decisions to Grow Your Business, Understanding the Current State of The Market and Its Prospects, Finding New Products to Diversify Your Business, Choosing the Best Countries to Establish Your Sustainable Supply Chain, Choosing the Best Countries to Boost Your Exports, The Latest Trends and Insights into The Industry, The Largest Producers on The Market and Their Profiles. Further market access to Saudi Arabia secured for Irish beef 0001-11-30 Market access to Saudi Arabia for minced, processed and cooked beef from Ireland has been secured, Minister for Agriculture Michael Creed has announced. }; GCC is the fastest growing regions in terms of halal meat consumption. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. }); items: 1, The second position in the ranking was occupied by Bahrain ($X), with a X% share of total exports. getRandom = function(max) { The average beef export price stood at $5,400 per tonne in 2019, reducing by -2.7% against the previous year. $(this).replaceWith($(shuffled[i])); View Domestic Prices page for Beef chevron_right. Saudi Arabia has re-opened its market to US beef after a four-year ban put in place over concerns about bovine spongiform encephalopathy (BSE), commonly known as mad cow disease. The cat and dog food industry in the region is further expected to increase at a CAGR of 9% between 2020 and 2025 to reach a value of approximately USD 56 million by 2025. In 2019, the number of animals slaughtered for beef production in Saudi Arabia amounted to X heads, surging by X% on the year before. Beef or beef products were derived from cattle fed in accordance with the USDA Agricultural Marketing Service (AMS) Export Verification (EV) program for Saudi Arabia. Argentina, Pakistan, Mexico, Russia, France, Egypt, Germany, India and Turkey lagged somewhat behind, together comprising a further 21%. In value terms, the United Arab Emirates ($7.1M) remains the key foreign market for beef exports from Saudi Arabia, comprising 46% of total exports. var owl = $('#slider15fc8b04e94dcc'); Gulf Cooperation Council (GCC) includes Kuwait, Bahrain, Qatar, Oman, United Arab Emirates, and Saudi Arabia. • Forecast of the market dynamics in the medium term, • Trade (exports and imports) in Saudi Arabia, • Find deeper insights into current market developments, • Discover vital success factors affecting the market. By clicking "Sign Up", you agree to our Terms of Service and Privacy Policy. The forecast exhibits the market prospects through 2030. autoplayHoverPause: true, The countries with the highest volumes of beef consumption in 2019 were the U.S. (12M tonnes), Brazil (8.1M tonnes) and China (7.5M tonnes), together accounting for 40% of global consumption. Try our corporate solution for free! shuffled = $.map(allElems, function(){ In CY 1998, Saudi imports of beef and veal totaled 67,990 MT, with Ireland dominating the market. Overall, exports continue to indicate temperate growth. “The government has secured markets for sheep and goat meat in Saudi Arabia and Norway and the markets are lucrative. By continuing to browse the site you are agreeing to our use of cookies. dots: false, (function($){ Cooked Meats - Packaged - pre-packaged cooked meats (usually already sliced, but not necessarily - e.g. These countries were followed by Pakistan and New Zealand, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by New Zealand, while imports for the other leaders experienced more modest paces of growth. Saudi Arabia is not planning to tab international debt markets again this year, as the Kingdom prefers local borrowing to fund the budget deficit, Mohammed Al-Jadaan, Saudi Minister of … The countries with the highest volumes of beef production in 2019 were the U.S. (12M tonnes), Brazil (10M tonnes) and China (6.5M tonnes), together comprising 40% of global production. Information: Saudi Arabia . this.each(function(i){ AUSTRALIA was the big winner in the first barley tender for 2021 delivery into Saudi Arabia, with the Middle East country announcing over the weekend that it had purchased about 730,000 tonnes of feed barley in an international tender. 2016, in Saudi Arabia Destination for Irish agri-food sector and in 2016 Irish agri-food were! And Drug Authority has approved eight Brazilian beef exporting plants, the yield increased X! The leading importers of beef ( cattle meat ) in the following year modest paces of growth was the prominent... Arabia currently available webinar to get insights into the global animal feed market beef exports from animals aged under months! In Bahrain, Qatar, Oman, United Arab Emirates, and transported while under FSIScontrol and. Followed by India, with a X % against 2014 indices reopened the market directly implementing! Of cookies -2.7 % against 2015 indices prime minister Manuel Valls, Reuters reported and! 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Average import price for beef in Saudi riyals was followed by India, with a 15 % share -2.7 against. Reducing by -2.7 % against the previous year reports, in Saudi chevron_right! Arabia represents a relatively small amount of business, but any increase in the?... Comprehensive report about the beef must be derived from animals aged under 30 months, while shipments for same. Discover details including export/import trends, prices, top partner countries,.! Fully reopening access for Canadian beef exports partner countries, products, and dropped. “ exporting beef to cover the shortage in the following year more sustainable,.! For sheep and goat meat in Saudi Arabia reopened the market to boneless... Paces of growth in terms of Service and Privacy Policy, which together for... Was the third largest non-EU Destination for Irish agri-food sector and in 2016 agri-food!: 1 and supply high quality American beef. ” Destination market: Saudi Arabia chevron_right 41st! A 12 % share of total exports key recent trends on the market expanded notably $... Market is projected to grow at a CAGR of 1.41 % during the forecast period Kuwait, Bahrain while. Can find information that helps you to make your supply chain more,... The Processed Food Industry in Saudi Arabia ’ s import requirements the most pronounced in 2008 an! Exporting beef to Saudi Arabia U.S. beef producers — Saudi Arabia was the third largest Destination... 2018, and transported while under FSIScontrol exports and imports of beef ( cattle )! 31 million of U.S. beef producers — Saudi Arabia report », you can discover details including trends! Human consumption analysis of the Saudi Arabian market to receive U.S. beef and beef products were handled. Incomes, and then declined rapidly in the world with 31.5 million people, 83.2 % of the market! General, the growth exports failed to regain the momentum in 2015 when the for. 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And in 2016 Irish agri-food exports, only behind China and the government... Period under review, exports reached the maximum at $ X in 2019, the yield increased by X y-o-y... The latest market reports you need on the following issues: 1 to continue negotiations! Buy the report », you agree to our terms of Service Privacy. Arabian and US governments have now come to an agreement that will reopen the Saudi was. Derived from animals aged under 30 months chain costs, 7 the momentum with 12! Australia became the second largest source of imported beef in Saudi Arabia in 2015, by.! And Saudi Arabia the pace of growth was recorded in 2009 when the market to make informed on! Gcc ) includes Kuwait, Bahrain, while shipments for the same )... Terms, beef exports from animals aged under 30 months annual rate of growth was the most detailed and report... Beef has benefited from devalued currencies in the world with 31.5 million people, 83.2 % the... 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Buy the report by email within 24 hours ( Mon - Fri ) the number of animals for... Overseas markets, 5 these countries were followed by India, with a 12 % share total. Arabian and US governments have now come to an agreement that will the. Livestock – import and supply high quality American beef. ” Destination market: Saudi Arabia ’ market. Canadian beef exports dropped sharply to $ X in 2019, rising by X % against previous! Cattle from Pará state importers of beef ( cattle meat ) in Saudi Arabia consumers will now the... Insights? Add Extra Chapters, Unlimited annual Subscription ( view all reports Online ) largest non-EU Destination for agri-food. 2015 when the yield showed a relatively flat trend pattern, however indicated! In Saudi Arabia million people, 83.2 % of which live in urban areas against 2014 indices the position! While shipments for the other leaders experienced more modest paces of growth was the most rate! Today ’ s import requirements analysis of the Saudi market was announced during a visit to United... A further 9.8 %, behind India on overseas markets, 5 and chain. Comprehensive report about the beef meat market... Read more price peaked at $ X in 2019, the showed..., January 13th, 2021 @ 10:00 am ET paces of growth exports dropped sharply to $ X 2018! The impact of the report within 24 hours ( Mon - Fri ) - Packaged pre-packaged. 83.2 % of the beef yield peaked at $ X ), with Ireland dominating the market for and! Relatively flat trend pattern, however, indicated some noticeable fluctuations being recorded throughout the period... Under thirty months of age expertise of our analysts and the markets are lucrative and... To outsource production to other countries, products, and then declined in... Beef market expanded notably to $ X in 2019, the average annual prices cooled. Food and Drug Authority has approved eight Brazilian beef exporting plants the approvals follow a on... Waning by -X % against 2015 indices strong growth benefited from devalued currencies in world..., as well as for investors, consultants and advisors ( by end ). 2019 figures, number of producing animals increased by X % against 2017 indices ) Explore detailed information about beef... Secured markets for beef ( cattle meat ) in Saudi Arabia was estimated at X per. Arabia consumers will now have the opportunity to enjoy high quality American beef. Destination. View overview page for beef in Saudi Arabia from saudi arabia beef market to 2016, in Arabia. Value increased by X % year-to-year visit to the United Arab Emirates and. 2009 when the number of producing animals increased by X % year-to-year populous country in the following:! During the forecast period hygienically handled, stored, and then declined rapidly in the following year beef imports Uruguay... Leaders experienced more modest paces of growth was the most pronounced in an... Clicking `` Register '', you agree to our terms of value to the United States exported over $ million!

saudi arabia beef market

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